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Editorial : China International Import Expo

【明報專訊】THE first China International Import Expo opened on 5th November. This is the world's first largest import expo. Not only is there trading of goods and services, but there is also an exhibition of the investment environments of participating countries. Furthermore, as the expo will be attended by the heads of many countries, it will be another grand diplomatic event that China plays host to. The idea of organising the expo originated in May last year. In other words, it is not a countermeasure against the trade war, but is rather an attempt to showcase the fact that China's strategy of pursuing further reform and opening up will change the world trade order. Whether the choice of Shanghai for the expo signifies the shift of focus in China's future economic development also provides food for thought.

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